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Results (10,000+)
Michell Chase Can I refinance my personal conventional mortgage into a DSCR owned by my LLC?
16 October 2024 | 6 replies
This can be beneficial for a few reasons:Separation of Personal and Business Assets: Moving the property under your LLC’s umbrella through a DSCR loan will allow you to separate your personal liabilities from your business assets, which is crucial as your portfolio grows.
Craig Jones State Farm for STR insurance
13 October 2024 | 24 replies
Covers the building, $1M/$2M commercial general liability and loss of income.It does not have some of the bells and whistles that an STR specialty policy like Proper has, like coverage for liquor and off-premise liability
Dan DeGroff Help! Seasonal Employee In Expensive Market Looking To Buy Primary Res Out of State
17 October 2024 | 9 replies
Even Robert Kiyosaki calls a primary residence a liability, but we all need a place to hang our hat, right? 
John Underwood STR insurance in Florida
17 October 2024 | 14 replies
So I waltzed into AAA and got it for 2k again and since I have a basement ( pretty rare here for new construction ) I got bigger liability for a sump pump failure than the old policy..
Account Closed Buying a property in 2025 - Bonus Depreciation?
17 October 2024 | 15 replies
Earlier this year, the government did not renew or pass any law to extend bonus depreciation back to 100% after 2027, so the current phase-out schedule remains in place.In the meantime, I would recommend doing some tax planning to assess where you stand in terms of projected tax liability for 2024.
Olivier Chaine LLC Transfer - for Loan
16 October 2024 | 5 replies
I’ve read enough to know that acquiring the LLC is a bad idea due to: unknown liabilities; tax liens and debts; loss of depreciation that has already been taken, and probably other reasons too.
Mary Jay Neighbors tree fell on my roof
15 October 2024 | 24 replies
In my state (PA) a tree falling and causing damage to someone else's property only creates liability for the owner of the tree if the tree was known to be in poor condition or if the owner should have known it was in poor condition.
Jennifer Taylor STR on Private Res Property
12 October 2024 | 2 replies
Are there any other considerations to ensure appropriate liability protection in this arrangement? 
Fergus Cullen What would you do: Re-financing reno & new construction
15 October 2024 | 2 replies
Placing properties in an LLC can offer liability protection but consult a professional first.
Brian Phor Setting Up a Parent/Foreign Wyoming LLC
12 October 2024 | 7 replies
Most investors who form Wyoming LLC's do so with the belief anonymity= liability protection.